OCTOBER 29 — V SYSTEMS is pleased to announce a strategic partnership with CertiK, one of the leading blockchain auditing firms with a patented technique to automate Formal Verification for smart contracts. The V SYSTEMS and CertiK teams understand the importance of blockchain security and believe this partnership will lead to a more secure VSYS ecosystem as V SYSTEMS launches the first version of Euclid Smart Contract.
Euclid aims to provide a token solution to allow anyone to implement a token economy system to rapidly build and deploy applications in the V SYSTEMS network. This solution aligns with Euclid’s mission to deliver decentralized cloud database technology with high scalability, durability, and performance.
By putting a major focus on DeFi development, V SYSTEMS hopes to provide the market and community with more financial tools and DApps that cover a sizeable amount of data. The collaboration with CertiK allows V SYSTEMS to ensure the accuracy of smart contracts through credible auditing, which builds a strong foundation that is resistant to breaches and hacks.
In partnering with CertiK, V SYSTEMS continues to put security at the forefront in order to build trust in the VSYS network and promises to achieve high security standards as well as technical advancements to the platform.
About V SYSTEMS
V SYSTEMS is a general purpose blockchain database for decentralized applications. Led by Chief Architect Sunny King, the V SYSTEMS blockchain has implemented his new innovative consensus algorithm — Supernode Proof of Stake (SPoS) . V SYSTEMS aims to deliver decentralized database cloud technology that is scalable and durable, with high finality, performance and the highest resistance to 51% attacks.
The network is operated as a cloud platform that can support efficient and agile development of a vast variety of applications, including but not limited to decentralized finance applications (DeFi), entertainment, social media, tokenization, dapp deployment and many more.
About CertiK
CertiK leads blockchain security by pioneering the use of cutting-edge Formal Verification technology on smart contracts and blockchains. Unlike traditional security audits, Formal Verification mathematically proves program correctness and hacker-resistance. CertiK was founded by Computer Science professors of Yale University and Columbia University, securing over $5B in assets, including many of the world’s top projects.
The research efforts of CertiK have received grants from IBM and the Ethereum Foundation, and notable investors include Binance Labs, Bitmain, Lightspeed Venture Partners, Matrix Partners, and NEO Global Capital, among others.Follow
CertiK on social media
Twitter:https://twitter.com/certikorg
Reddit: https://www.reddit.com/r/CertiKOrg/
Telegram: https://t.me/certikorg
LinkedIn: https://www.linkedin.com/company/certik
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Other Useful Links
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VSYS Blockchain Explorer: https://explorer.v.systems/